Securitization

What securitization means

Put simply, securitization definition is part of the working vocabulary of a civil case. The short definition above covers the usual meaning. Still, a specific rule, statute or contract can give it a narrower meaning. For that reason, check how it is used in your own documents.

Where securitization definition comes up

The term is used across many kinds of cases. For example, you may see it in pleadings, motions and court orders. To see it in context, browse the motions and procedures library or the Learn the Law topics.

How to research the term

First, read the term where it actually appears. A rule, statute or court decision may define it for its own purposes. Next, check whether your court has a local rule that uses securitization definition in a special way. Then look at recent decisions from courts in your jurisdiction. They show how judges apply the term today. Also, remember that state law can differ from federal law. For that reason, use our state procedures guide to find your state’s rules. Finally, confirm every source is current before you rely on it.

You can read the current federal court rules online for free.

Related legal terms

• Pooling and servicing agreement: a contract governing the transfer of loans into a securitization trust and the duties of the trustee and servicer.
• Security (investment): under federal securities law, a broad category of investments including notes, stocks, bonds, evidences of indebtedness and investment contracts.
• Scheduling order: a court order setting deadlines for the main stages of a case.
• Secondary source: material that explains or analyzes the law, such as treatises and articles, but is not itself the law.
• Security interest: an interest in personal property that secures payment or performance of an obligation, governed by UCC Article 9.

Why precise terms matter

Courts read legal terms closely. As a result, knowing the exact meaning of a word helps you follow orders, rules and filings. Each glossary entry on Lawtopolis is short on purpose and links to the pages where the term is used.